SMM4, March 3:

Today, the average price of 304 hot rolled stainless steel in Wuxi area was slightly reduced by 50 yuan / ton, and 304 / NO. 1 5 feet was quoted at 11800-12000 yuan / ton. Cold rolling is stable, 304 2B rough edge roll price is 12150-12450 yuan / ton, state-run 304 2B cut edge roll price is 13000-13400 yuan / ton. Traders said that today's hot rolling small downward trend, in addition to falling prices, there is also a willingness to let profit out of the goods, some businesses believe that demand in April will be less than March, more inclined to ship as soon as possible.

For 10:30 SHFE SS2006 contract price 11940 yuan / ton, Wuxi stainless steel spot water 380-680 yuan / ton. (spot trimming = rough edges + 170 yuan / ton)

[for more information, please subscribe to SMM Nickel Research Group products "China Nickel Chromium stainless Steel Industry chain General report" and "China Nickel Chrome stainless Steel Industry chain High end report" to obtain the latest nickel mine, nickel pig iron (China + Indonesia), electrolytic nickel, nickel sulfate, chromium ore, ferrochromium, stainless steel (China + Indonesia) related data analysis and market analysis! For ordering and trial reading, please call 021-5166 6817 QQ: 2880505562, contact: Li Chuntian]

     
 （上海有 色 网  李春田 TEL：021-5166 6817 QQ ：2880505562）